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Icahn adds more nominees to SandRidge slate after board expansion

May 11, 2018 at 04:30 pm EDT

(Reuters) - Activist investor Carl Icahn on Friday added two more nominees to his slate for the board of SandRidge Energy Inc after the company expanded its board, suggesting that the hedge fund manager planned to press ahead with the proxy fight.

The U.S. shale oil producer said last week it would expand the board size to seven from five, to allow investors to pick two nominees from Icahn's five-person slate.

Icahn, who holds a 13.51 percent stake in SandRidge, got the company to back out of its planned buyout of rival Bonanza Creek Energy Inc and forced the removal of the company's chief executive and chief finance officer.

The billionaire investor on Friday nominated Jonathan Christodoro, a former managing director of Icahn Capital LP, and Nancy Dunlap, the private counsel and head of the private family office of former U.S. Senator Jon Corzine.

(Reporting by Karan Nagarkatti in Bengaluru; Editing by Sriraj Kalluvila)

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Carl Icahn

Mr. Carl C. Icahn is a Chairman at CVR Refining GP LLC, at Icahn Enterprises G.P. Inc., at Icahn Enterprises Holdings LP, at Starfire Holding Corp., at ACF Industries LLC, at Atlantic Coast Entertainment Holdings, Inc., at Greate Bay Hotel & Casino, Inc., at Icahn Enterprises Finance Corp., at Icahn Enterprises LP, a Chief Executive Officer at Icahn Capital LP, at General Partners LLC at GB Property Funding Corp., and a Chairman of the Board at Icahn Associates Holding LLC. Mr. Icahn was previously employed as a Chairman by CVR Refining LP, by GB Holdings, Inc., by Maupintour Holding LLC, by American Railcar Industries, Inc., by CVR Energy, Inc., by XO Communications, Inc., by Tropicana Entertainment, Inc., by WCI Communities, Inc., by ImClone Systems, Inc., a Non-Executive Chairman by Federal-Mogul Corp., by Federal-Mogul LLC, by Federal-Mogul Holdings Corp., a Chief Executive Officer by Icahn Capital Management LP, by Icahn Management LP, a Member chCCI Offshore LLC, by Financial Industry Regulatory Authority, Inc., by National Association of Securities Dealers, Inc., by National Association of Securities Professionals, by CCI Onshore LLC, a Chairman & President by XO Holdings, Inc., a President & Director by Stratosphere Corp., a General Partner by American Real Estate Partners LP, a Chairman & President by Icahn & Co., Inc., a Non-Executive Chairman by Federal-Mogul Motorparts LLC, an Owner by Sands Hotel & Casino /Atlantic City/, by Stratosphere Hotel, and a Chairman & Chief Executive Officer by Trans World Airlines, Inc. He received his undergraduate degree from Princeton University.

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ACF Industries LLC ACF Industries LLC Wholesale DistributorsDistribution Services ACF Industries LLC manufactures and fabricates railcar parts and miscellaneous steel products. Its capabilities include car conversions, repair programs, welded sub-assemblies, pressure vessels, railcar wheel, and axle machining & mounting. The company was founded in 1899 and is headquartered in St. Charles, MO.	Chairman

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